Media headlines about Prudential Financial (NYSE:PRU) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Prudential Financial earned a news impact score of 0.20 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.5607056190803 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
Get Prudential Financial alerts: Prudential (PUK) Presents At 2018 Deutsche Bank Annual Global Financial Services Conference – Slideshow (seekingalpha.com) Leston Welsh joins Prudential Group Insurance as head of Disability and Absence Management (finance.yahoo.com) Contrasting Prudential Financial (PRU) & Old Mutual (ODMTY) (americanbankingnews.com) Prudential again accused with unauthorised money deduction (vir.com.vn) An Application for the Trademark ��MULLINTBG�� Has Been Filed by Prudential Insurance Company (insurancenewsnet.com)Prudential Financial traded down $5.05, hitting $94.97, during midday trading on Tuesday, MarketBeat Ratings reports. 2,919,216 shares of the company’s stock were exchanged, compared to its average volume of 2,144,103. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.35. The firm has a market cap of $42.01 billion, a PE ratio of 8.98, a P/E/G ratio of 0.97 and a beta of 1.52. Prudential Financial has a one year low of $94.51 and a one year high of $127.14.
Prudential Financial (NYSE:PRU) last posted its earnings results on Wednesday, May 2nd. The financial services provider reported $3.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.98 by $0.10. The firm had revenue of $12.88 billion for the quarter, compared to analyst estimates of $13.68 billion. Prudential Financial had a return on equity of 9.25% and a net margin of 13.57%. During the same period in the previous year, the company posted $2.79 earnings per share. analysts forecast that Prudential Financial will post 12.15 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 14th. Stockholders of record on Tuesday, May 22nd will be issued a $0.90 dividend. The ex-dividend date of this dividend is Monday, May 21st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.79%. Prudential Financial’s dividend payout ratio (DPR) is 34.03%.
PRU has been the subject of a number of analyst reports. Wells Fargo & Co reaffirmed a “hold” rating and set a $122.00 price objective on shares of Prudential Financial in a research note on Wednesday, February 7th. Morgan Stanley decreased their price objective on Prudential Financial from $133.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, February 8th. Deutsche Bank decreased their price objective on Prudential Financial from $132.00 to $125.00 and set a “hold” rating for the company in a research note on Friday, February 9th. Royal Bank of Canada raised Prudential Financial from a “sector perform” rating to an “outperform” rating in a research note on Monday, February 12th. They noted that the move was a valuation call. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $128.00 target price on shares of Prudential Financial in a report on Friday, February 23rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $116.50.
Prudential Financial Company Profile
Prudential Financial, Inc, through its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through U.S. Individual Solutions, U.S. Workplace Solutions, Investment Management, and International Insurance divisions.
No comments:
Post a Comment